Tag Archives: Insurance bill

Insurance bill passed in Lok Sabha

The Lok Sabha on Wednesday passed the insurance sector amendment bill, which seeks to hike the foreign equity cap on domestic companies from 26 percent to 49 percent, despite opposition protests. Formally called the Insurance Laws (Amendment) Bill, it seeks to replace an ordinance that was promulgated earlier. The bill now faces a crucial test in the Rajya Sabha, the ...

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Winter Session: Parliament Adjourns, Session Not “Fruitful” but a “Hungama”

The winter session parliament has adjourned on Tuesday for 40 minutes as the opposition brought in the issue of black money, asking the government to fulfill its promise of bringing it back from abroad. Prime Minister Narendra Modi had expressed his hope of having a fruitful and result-oriented winter session on Monday whereas soon after the session began today, there ...

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Winter Session Parliament: Will It Be a ‘Fruitful’ session or a ‘Hungama’

After Prime Minister Narendra Modi expressed his hope of having a fruitful and result-oriented winter session on Monday, many leaders have came forward saying, “the session will witness a lot of hungama.” On Monday, Modi said, “It was because of the positive role by the opposition that good work (in parliament) could be done in the last session.” However, Janata ...

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